IFAs are fast becoming irrelevant to a new breed of wealthy and sophisticated investors ready to take on managing their own money. Research shows that DIY investors feel competent dealing with their own portfolios with little professional help. Online platforms and robo-advice are making their task even easier, says research by Cerulli Associates, who spoke […]
General Articles
Mining Digital Coins Is More Expensive Than Digging For Gold
Mining cryptocurrency worth a dollar is three times as expensive as digging out a gold nugget worth the same amount of money. The energy needed to rive farms of mining servers has outstripped the total energy consumed by entire nations and the global environmental impact of the hunt for wealth from digital currency is yet […]
Slumping Pound Boosts Expat Pay In the UK
The Brexit effect of the falling pound has seen British cities plunge down the rankings in the latest list of the most expensive places to live in the world. London has traditionally sat near the top of the rankings, but has even fallen out of the top 100. The city is now the 103rdmost expensive […]
Spotify Manages To Hit The Right Note With Investors
The world’s largest music streaming service has completed the first day of trading on the New York Stock Exchange. Share prices opened at $165.90 – much higher than the expected $132 guide price set by the NYSE in the lead-up to the float. After an initial surge, the price settled at $149, valuing the company […]
How The Political Revolving Door Influences Investing
The world may seem a different place in a few months as a serious of political events unleashes uncertainty about the future of several developed countries. And that political uncertainty is one of the factors that undermines economic growth and market sentiment, according to a detailed study by economist Stephanie Kelly of financial firm Standard […]